Former US Senate Candidate Christine O’Donnell Mistakenly Slapped a Tax Levy by IRS

As per the impressive company known as Forbes, Christine O’Donnell, a former Senate candidate and Tea Party Activist, complains against repeated and erroneous tax levies being burdened upon her by the IRS. This would not be the first time…

NY Assembly Speaker Sheldon Silver Under Investigation Over Payments Received

The New York Assembly Speaker, Sheldon Silver (Democrat) could be prosecuted by US authorities for large payments received from a small law firm that seeks real estate tax reductions! Payments received by Silver were not disclosed in his…

Obama’s Decision to Veto Tax Law Hurts Charity

An unprecedented move by the President to veto a move by Republicans to introduce three charitable tax laws has been considered as non-charitable this giving season! Food for Hungry Families Sent to Landfill It was with deepest regret that…

Bank Leumi Provides US Tax Authorities with Names of Depositors, Agrees to Pay Fine

Israeli Bank Leumi has agreed to pay a fine of $400 million and released the names of 1,500 US depositors whom it helped avoid irrationally high US taxes to the Department of Justice and the IRS so they keep more money that they rightfully earned.…

Tax Fraud Scheme Haunts Halfway House in San Leandro

It was double jeopardy for law enforcement and the Internal Revenue Service when the residents of a halfway house in San Leandro were made victims of tax fraud by its manager Juancho Tango Andres. The manager used a fraudulent tax refund scheme…

Former U of L Executive Pleads Guilty to $2.8 Million Embezzlement and Tax Fraud

Perry Chadwick Vaughn, a former executive director of the Department of Family and Geriatric Medicine at the University of Louisville School of Medicine, pleaded guilty to embezzlement and tax fraud to the tune of $2.8 million. 36 year old Vaughn…

Michigan State House Votes to Increase Sales Tax and Improve Road Spending

In Michigan, the state House has approved a legislative package that seeks to hike sales tax from the current 6% to 7% with voter approval in May next year. The extra income from the sales tax will be used to fund projects for roads in the state…

Delta Likely Mulling Moves to Avoid High US Taxes

US airlines such as Delta are finally reporting profits after years of continuous losses. While Delta and other airlines can set off current profits against past losses, they will be soon expected to pay taxes at 35 percent of profits. And the…

The Omnibus Spending Bill is another Washington Head Scratcher

Last Thursday night, the US House of Representatives passed the omnibus spending bill which has come under much scrutiny from multiple sources. This bill was backed aggressively by the President because it continued to spend more money than…

Former Mail Carrier Sentenced in Fraudulent Income Tax Refund Scheme

A $1 million fraudulent income tax refund scheme has led to 43 year old Adrian Bridges of Mableton being sentenced to four years in federal prison. The former Cobb County mail carrier was convicted on charges of conspiracy to commit mail fraud…